Program and Project Governance - A Study

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Program and Project Governance - A Study

• Presented By www.Tools4Management.com

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Understanding Program and Project Governance

• The structure with the help of which, a manager
  can make effective program or project decisions
  is called program or project governance.
• You can implement it as one of the most
  significant project management tools and
  techniques and bring about alignment in the
  following components.
• The framework of the decision-making committees
• The people in the governance body
• The information used by decision-makers
• This alignment leads to maximum results from
  business investments.

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Norms of Efficient Program and Project Governance

• Propagate single accountability point
• Consider organizational structure separate from
  project governance structure
• Separate project decision-making activities from
  project management
• Regard business interests as the core reason
  behind successful project delivery
• Clarify decision-making responsibilities and
  reasons to make decisions
• Develop the organizational case as the major
  governance manuscript

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Features of Effective Governance

• Document and convey decisions at the approval
  points
• Accept responsibility to follow P3 governance
• State roles and performance criteria for
  governance
• Allow the management board to independently
  inspect the programs, projects and portfolios
• Develop strong association between P3 and
  business strategy
• Offer training and resources to decision-makers

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Features of Effective Governance

• Encourage honest discussion and development of P3
  data
• Support business cases with data to enable
  unfailing decision-making
• Employ experienced people as decision-makers
• Promote stakeholder importance to enhance trust
  in the organization
• With the help of one of the most essential
  project management tools and techniques, program
  and project governance, you can make useful
  decisions.

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Thank You